According to Wu Blockchain, the SEC Investor Advisory Committee (IAC) Market Structure Subcommittee has submitted a draft proposal suggesting that regulators should not provide a 'comprehensive innovation exemption' for stock tokenization. Instead, they should advance regulatory adjustments through limited exemptions or rule-by-rule reforms while maintaining core investor protection principles. These include requiring clear disclosure of investor rights, continued regulation of intermediaries by the SEC and FINRA, and ensuring transactions adhere to best execution principles. Relevant regulatory reforms should also be developed through a public consultation process. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58047